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KLCI rises with Asian markets on US Fed cue
KUALA LUMPUR (May 25): The FBM KLCI rose 2.95 points or 0.2% to 1,773.96 points with Asian shares after the overnight uptick in US equities. World shares rose after the US Federal Reserve indicated it may postpone interest rate hikes until policymakers get a clearer picture on the economy.
Slower US interest rate hikes bode well for Asian markets like Malaysia in anticipation of foreign demand for Asian assets, which yield higher returns.
Across Asia, Japan's Nikkei 225 added 0.36% while Hong Kong's Hang Seng rose 0.8%.
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KUALA LUMPUR (May 25): The FBM KLCI rose 2.95 points or 0.2% to 1,773.96 points with Asian shares after the overnight uptick in US equities. World shares rose after the US Federal Reserve indicated it may postpone interest rate hikes until policymakers get a clearer picture on the economy.
Slower US interest rate hikes bode well for Asian markets like Malaysia in anticipation of foreign demand for Asian assets, which yield higher returns.
Across Asia, Japan's Nikkei 225 added 0.36% while Hong Kong's Hang Seng rose 0.8%.
✍ Sumber Pautan : ☕ Top Stories
Kredit kepada pemilik laman asal dan sekira berminat untuk meneruskan bacaan sila klik link atau copy paste ke web server : http://ift.tt/2qZ6VMU
(✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk 👍 Like & 💕 Share di media sosial anda!
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